OPEN-SOURCE SCRIPT
UCS_TTM - Reversion Bands
Ok, Here we go - Version 1 of TTM Reversion Band goes live.
Link to TTM Reversion Band - tradethemarkets.com/products/item343.cfm
Link to TTM Reversion Band Guide - kb.simplertrading.com/reversion-bands/
John Carters Mastering the trade - amazon.com/Mastering-Trade-Second-Edition-Techniques/dp/0071775145
For the amount of information this has, the price tag is not hefty.
John's RTM Chapter Synopsis - tradethemarkets.com/public/mastering-the-trade-chapter-10-reversion-to-mean.cfm
What did I modify?
1. Automated the Daily + and Intraday settings. So Switching to intraday will change the setting automatically.
2. Added text callouts for RTM condition
a. John Carter's Indicator
b. Slope Based (my addition).
Future Improvement Planned.
1. Will Convert this into a system based on John's Indicator from TS.
2. Custom Options for Slope and MA setting for Trade filter.
Link to TTM Reversion Band - tradethemarkets.com/products/item343.cfm
Link to TTM Reversion Band Guide - kb.simplertrading.com/reversion-bands/
John Carters Mastering the trade - amazon.com/Mastering-Trade-Second-Edition-Techniques/dp/0071775145
For the amount of information this has, the price tag is not hefty.
John's RTM Chapter Synopsis - tradethemarkets.com/public/mastering-the-trade-chapter-10-reversion-to-mean.cfm
What did I modify?
1. Automated the Daily + and Intraday settings. So Switching to intraday will change the setting automatically.
2. Added text callouts for RTM condition
a. John Carter's Indicator
b. Slope Based (my addition).
Future Improvement Planned.
1. Will Convert this into a system based on John's Indicator from TS.
2. Custom Options for Slope and MA setting for Trade filter.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Uday C Santhakumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Uday C Santhakumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.